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Updated: 1 hour 42 min ago

Shell Will Sell Russia Fuel Stations as Part of Exit Plan

Fri, 05/06/2022 - 10:28
Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.

VTNA Adds First EV-Certified Dealer in Pennsylvania

Fri, 05/06/2022 - 10:05
Volvo Trucks North America announced TransEdge Truck Centers recently became the truck maker’s first certified electric vehicle dealer in Pennsylvania.

5 Questions: Daragh Mahon, Werner Enterprises

Fri, 05/06/2022 - 10:00
Werner Enterprises' Daragh Mahon sheds some light on how technology is shaping the trucking industry.

How AI Is Streamlining Freight Movement

Fri, 05/06/2022 - 10:00
While the concepts of artificial intelligence and machine learning are not new, rapid advances in this field are driving the future of software development in the freight transportation industry.

Guarding Against Coronavirus

Fri, 05/06/2022 - 10:00
As trucking and logistics workers have returned to offices and terminals without masks — and perhaps with a pang of uncertainty — some workplaces have implemented technology and procedures to protect the health of their employees against the potential for new outbreaks and variants.

What's the Reason Behind Canada's ELD Mandate Delay?

Fri, 05/06/2022 - 10:00
The Canadian government has pushed back full implementation of its electronic logging device mandate to Jan. 1, 2023. This is the second delay of the regulation that has been many years in the making. However, the reason behind each delay is quite different.

Fleets Use Technology to Track Fuel Efficiency

Fri, 05/06/2022 - 10:00
As the cost of diesel rises, so does trucking companies’ interest in technology to monitor and improve miles per gallon.

US Added 428,000 Jobs in April Despite Surging Inflation

Fri, 05/06/2022 - 08:51
WASHINGTON — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

DeJoy: ‘Uncomfortable’ Postal Hikes Coming

Thu, 05/05/2022 - 16:39
WASHINGTON — Americans should get used to “uncomfortable” postage rate increases in coming years as the U.S. Postal Service seeks to become self-sufficient, Postmaster General Louis DeJoy said May 5.

New England Copes With Soaring Diesel Prices

Thu, 05/05/2022 - 15:05
Experts worry that a continuing rise in diesel costs will affect prices at your local grocery store, on top of the inflation that has already caused prices to soar. And currently that pain is particularly acute in New England, where diesel prices have vaulted past the $6-a-gallon mark.

China’s Port Lockdowns Threaten Domestic Trucking

Thu, 05/05/2022 - 14:38
China locking down key port cities because of a new outbreak of the coronavirus could have serious ramifications for trucking in the United States.

Apex.AI Gains Minority Investment From Daimler Truck

Thu, 05/05/2022 - 13:47
Software developer Apex.AI announced Daimler Truck made a minority investment in the company.

Wall Street, Tech Investors Back Musk Twitter Bid With $7 Billion

Thu, 05/05/2022 - 13:37
Elon Musk has strengthened the equity stake of his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors, including Silicon Valley heavy hitters such as Oracle co-founder Larry Ellison.

Nikola Reports Start to Production, Surprise Q1 Revenue

Thu, 05/05/2022 - 13:13
Electric truck startup Nikola said in its first-quarter earnings report on May 5 that it delivered its first semi-trucks to customers in April.

Biden Administration Lays Out Plans to Refill Oil Reserve

Thu, 05/05/2022 - 11:00
The Biden administration announced a plan May 5 to begin purchasing oil to refill the nation’s emergency reserve.

Trillium, Cummins Collaborate on Customer Assistance

Thu, 05/05/2022 - 10:50
The Love’s Family of Companies and Cummins Inc. announced they agreed to work together to help customers integrate alternative fuel and zero-emission technologies into their operations.

Aurora Innovation Focuses on Real-Time Data

Thu, 05/05/2022 - 10:30
Autonomous driving technology company Aurora Innovation Inc. announced it is developing a system, Aurora Beacon, intended to allow customers to optimize autonomous vehicles for “24/7/365 operation.”

Shell Reports Record Q1 Earnings as Oil Prices Soar

Thu, 05/05/2022 - 09:58
LONDON — Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the British government to impose a tax on energy companies’ windfall earnings to help consumers struggling with the soaring cost of living.

Stellantis Posts Higher Q1 Revenue Despite Russia Plant Closure

Thu, 05/05/2022 - 09:50
MILAN — Carmaker Stellantis on May 5 reported higher first-quarter revenues despite lower deliveries, with no significant impact from the closure of its Russian plant due to sanctions.

GXO Reports Higher Earnings, Revenue for Q1

Thu, 05/05/2022 - 09:47
GXO Logistics Inc. recorded higher net income and revenue in the first quarter, the company reported May 4.